Displaying 1 - 10 of over 81 results for "*"
July 12, 2021
Any database is only as good as the information it contains, and the ACH Contact Registry is no exception.
Although enforcement of the Registry Rule doesn’t begin until Aug. 1, Nacha is already making spot-checks for data quality.
The Rule requires that phone numbers and email addresses…
Risk Management
June 29, 2021
Even before the first phase of Same Day ACH was implemented nearly five years ago in September 2016, Nacha’s Risk Management Advisory Group (RMAG) had been evaluating potential risk increases and decreases due to Same Day ACH. Were the doom and gloom scenarios justified, in which Same Day ACH would…
Same Day ACH, Risk Management
May 26, 2021
HERNDON, Va., May 26, 2021 – As the COVID-19 pandemic begins to subside, healthcare claim payments are on the rise.
Figures from Nacha, which governs the ACH Network, show nearly 37.4 million healthcare claim payments were made to providers by ACH in March 2021, the most ever in a single…
Healthcare
May 13, 2021
Is Your Financial Institution’s Information Current in the ACH Contact Registry? Now’s the Time to Make Certain
One day you might need the help that the ACH Contact Registry was created to provide. But imagine how you’ll feel if the listing doesn’t provide the assistance it’s supposed to.
That’s been an issue for some ACH Contact Registry users who have reached out to Nacha.
“We have heard about cases…
Risk Management, ACH
April 13, 2021
The Rule creating the ACH Contact Registry was approved more than a year ago, and in that time Nacha has been proactively making financial institutions aware of the requirement to register—first that it was on the way, and later when the Registry opened on July 1, 2020.
More than 34,000…
Risk Management
February 16, 2021
Many dentists have yet to experience the benefits of receiving insurance claim payments by ACH, but there are encouraging signs, a new report found.
“Although the majority of dental payments are made via a paper check, the industry is seeing an uptick in the number of electronic dental payments…
Healthcare
December 21, 2020
In your list of new year’s resolutions, how about one to add your information to the ACH Contact Registry?
If you already did, thank you! In fact, at the close of 2020, more than 32,000 contacts had been registered by financial institutions across the country. Nacha is thankful to those who have…
Risk Management
November 18, 2020
[Podcast] The ACH Network is Not Just Payroll and B2B Transactions. It’s Branching Into New Segments, Too
Many are familiar with the ACH Network, which last year electronically moved 24.7 billion payments valued at nearly $56 trillion between accounts at different financial institutions for payments including large B2B transactions or payroll direct deposit.
Others may recognize the ACH Network as…
ACH, Healthcare
October 2, 2020
Nacha has approved eight new amendments to the Nacha Operating Rules governing the use of ACH payments. Many of the changes reflect a long-term strategy to modernize the ACH system, both through infrastructure improvements such as Same Day ACH; and making ACH payments easier to use for the country’…
Risk Management, Nacha Operating Rules, ACH
September 30, 2020
It doesn’t seem that long ago we sent out an email heralding the launch of the ACH Contact Registry. Now we’re at the point where the ACH Contact Registry has been open three months, with another very important milestone literally days away.
October 30 is the deadline for financial institutions…
Risk Management, ACH